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Bending Spoons to Acquire Miro for $1.36 Billion

TechCrunch1 min read167 words
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Bending Spoons, the Italian mobile‑app developer, has agreed to acquire Miro, the cloud‑based collaboration platform, for $1.36 billion in cash. The deal marks a steep decline from the $17.5 billion valuation Miro commanded in late 2021, when the company was valued amid a surge in demand for remote‑work tools. The transaction, announced on Tuesday, will see Miro’s shares delist from the Nasdaq and become a privately held entity under Bending Spoons’ ownership.

The acquisition follows a period of consolidation in the workplace‑software market, as firms seek to streamline operations and reduce costs. Bending Spoons, known for its portfolio of consumer apps, has said it will invest in Miro’s platform to expand its presence in the enterprise segment and integrate its AI‑driven features. Miro’s co‑founders will remain on board to oversee the transition, and the company’s current workforce of approximately 1,000 employees will continue to operate under the new ownership structure. The deal is expected to close in the coming months, pending regulatory approvals and customary closing conditions.

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